Posts Tagged ‘and’

Fair Wear And Tear Guide For Landlords

Thursday, July 15th, 2010

Government-authorised tenancy deposit protection scheme mydeposits.co.uk has created a ’wear and tear’ guide for landlords.

It offers advice on how to make a ’fair’ judgement call at the end of the tenancy period.There can be clear and direct financial consequences for both landlord and tenant should a dispute arise at the end of the tenancy.

The mydeposits ‘Wear & Tear – when is it fair’ guide aims to help landlords consider and weigh up the different factors involved in the decision-making process. The guide also highlights the importance of communication between landlord and tenant, particularly at the outset of the tenancy, when the landlord can set expectations of the tenants and the final condition of the property.

The mydeposits guide explores a number of different areas from the length of the tenancy period and the occupants themselves, to looking at the difference between wear and tear and actual damage to property.

Eddie Hooker, chief executive of mydeposits.co.uk said: “Wear and tear is always a hot topic of debate and is very much situation-dependent. We have worked with landlords and our in-house disputes team to compile the guide, which is by no means definitive, but hopefully gives landlords some benchmarks and examples to consider when checking out their tenants.”